The AUDUSD pair on the H4 timeframe has been experiencing a significant downtrend over the past few weeks. The recent candles suggest a potential reversal, with the price forming a bearish engulfing pattern. The current price action is being driven by a decrease in buying pressure, as evident from the declining volume. This is a clear indication of a weakening trend, which aligns with the sell signal generated. The price has been consolidating near the upper boundary of a descending trend channel, providing a clear entry point for the sell signal. The stop-loss level is set above the recent high,…

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